DUBLIN--(BUSINESS WIRE)--The "Military Radars Market by Component, Platform, End User, Type, Frequency Band, Dimension, Range, Application & Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The military radars market is projected to grow from USD 13.06 billion in 2017 to USD 15.42 billion by 2022, at a CAGR of 3.38% from 2017 to 2022.
The increasing defense expenditure of emerging economies, such as China, India, and Saudi Arabia is expected to offer several growth opportunities for stakeholders in the military radars market. This, combined with increasing R&D activities on solid-state electronics for the development of military radars with longer detection range, is expected to propel the growth of the military radars market across the globe during the forecast period from 2017 to 2022. However, the high cost involved in the development of advanced military radars and the requirement of large R&D budgets for their development are some of the factors restraining the growth of the military radars market across the globe.
Based on end user, the army segment of the military radars market is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the introduction of new air defense systems along with long-range surveillance radars. Upgradation of fleet and installation of various ground surveillance radars are major factors driving the growth of the army end-user segment.
- Bae Systems
- Israel Aerospace Industries
- Lockheed Martin
- Northrop Grumman
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Military Radar Market, By End User
8 Military Radars Market, By Range
9 Military Radars Market, By Platform
10 Military Radars Market, By Application
11 Military Radars Market, By Frequency Band
12 Military Radars Market, By Component
13 Military Radars Market, By Dimension
14 Military Radars Market, By Product Type
15 Military Radars Market, By Region
16 Competitive Landscape
17 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/qztrgh/military_radars?w=4